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India’s Diamond Industry Experiences Severe Crisis

India’s diamond industry is amid a severe crisis, marked by declining imports and exports, factory closures, and massive job losses. According to the Global Trade Research Initiative (GTRI), the sector’s.

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Food Delivery Platform Swiggy Gears Up for IPO

India’s leading food delivery platform, Swiggy, is gearing up for its much-anticipated IPO, potentially raising over USD 1 billion. Reports suggest that the Bengaluru-based company is set to file its.

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Japan’s Consumer Spending Barely Grows

Japanese household spending rose less than expected in July as consumers remained wary of loosening their purse strings in the face of higher prices, possibly complicating the Bank of Japan.

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Haidilao Joins KFC, McDonald’s in Small-Store Strategy

In response to China’s ongoing consumption slowdown, fast-food giants KFC, McDonald’s, and Haidilao are strategically shifting towards smaller store formats. These companies are innovating by introducing kiosks, food stalls, and.

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Walmart Exits JD.com to Boost China Presence

The US retail giant Walmart has sold its entire $3.7 billion stake in Chinese e-commerce company JD.com, marking the end of an eight-year investment with diminishing returns. The decision comes.

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RichKat Opens Pubs in Hong Kong

Shenzhen-based craft beer maker RichKat Craft Brewing has officially entered the Hong Kong market by opening two new pubs in the city’s bustling districts of Central and Sheung Wan. This.

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Pricing Mistakes Costing Consumers Millions

Shoppers across the nation are potentially losing millions of dollars each year due to supermarket pricing errors, according to the Commerce Commission. Grocery Commissioner Pierre van Heerden highlighted the persistent.

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Battles Brew at Starbucks Amid Declining Sales

Starbucks, the global coffee giant valued at $90 billion, is grappling with internal strife as its sales continue to slump both domestically and internationally. The company’s shares have plummeted nearly.

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Carlsberg to Take Full Control of Operations in India, Nepal

Carlsberg, the Danish beer company, has declared its interest to take full control of its operations in India and Nepal. This is a major strategic move aimed at taking advantage.

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Starbucks Witnesses Dip in Sales

Consumers have reached their breaking point with $6 iced coffees and lemonades at Starbucks. As per reports, the specialty coffee brand’s sales dropped 3% globally at stores open for at.

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